Twin EU fiscal bazooka. Trump grift: bug AND feature?

Today's slide deck: https://bit.ly/4hVKEbD   -

Today we unpack the historic paradigm shift as the EU and Germany have unveiled titanic fiscal initiatives that are altering the landscape for European bonds and the euro. Also, we look at whether there is a Trump put, and ponder whether Trump's moves on crypto and to supercharge money laundering risks are a feature as much as a bug.

 

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